Director at Blackstone (NYSE: BX) awarded 2,048 deferred shares

Rhea-AI Filing Summary

Parrett William G reported acquisition or exercise transactions in this Form 4 filing.

Blackstone Inc. director William G. Parrett received a grant of 2,048 shares of common stock as a deferred restricted share award. The shares were granted at a price of $0.00 per share as compensation, not through an open-market purchase.

The award was granted under the Amended and Restated 2007 Equity Incentive Plan and will vest, with underlying shares delivered, on April 1, 2027, subject to his continued service on Blackstone’s board of directors.

After this grant, Parrett directly holds 31,529 shares of Blackstone common stock. He also has indirect ownership of 65,071 shares held by limited liability companies over which he has both investment and voting power.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Parrett William G

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,048	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 31,529 shares (Direct); Common Stock — 65,071 shares (Indirect, See footnote)

Footnotes (1)

1. Granted under the Amended and Restated 2007 Equity Incentive Plan, these deferred restricted shares will vest, and the underlying shares will be delivered, on April 1, 2027, subject to the Reporting Person's continued service on the board of directors of Blackstone Inc. These shares are held by limited liability companies, over which the Reporting Person has investment and voting power.

Key Figures

Deferred restricted share grant: 2,048 shares Grant price per share: $0.00 per share Direct holdings after grant: 31,529 shares +2 more

5 metrics

Deferred restricted share grant 2,048 shares Award of common stock on April 1, 2026

Grant price per share $0.00 per share Compensation grant, not open-market purchase

Direct holdings after grant 31,529 shares Common stock directly owned post-transaction

Indirect holdings 65,071 shares Held via LLCs with voting and investment power

Vesting date April 1, 2027 Deferred restricted shares vest and deliver on this date

Key Terms

deferred restricted shares, Amended and Restated 2007 Equity Incentive Plan, continued service on the board of directors, investment and voting power

4 terms

deferred restricted shares financial

"these deferred restricted shares will vest, and the underlying shares will be delivered"

Deferred restricted shares are company shares granted to employees, executives, or service providers that cannot be sold or transferred immediately and only become owned outright after certain conditions are met, such as staying with the company for a set period or hitting performance targets. Think of them like a delayed paycheck in stock form: they align recipients’ interests with long-term company success but can dilute existing shareholders and affect future share supply and company valuation once they convert into freely tradable stock.

Amended and Restated 2007 Equity Incentive Plan financial

"Granted under the Amended and Restated 2007 Equity Incentive Plan, these deferred restricted shares"

continued service on the board of directors financial

"subject to the Reporting Person's continued service on the board of directors of Blackstone Inc."

investment and voting power financial

"limited liability companies, over which the Reporting Person has investment and voting power"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Parrett William G

(Last) (First) (Middle)

C/O BLACKSTONE INC.

345 PARK AVENUE

(Street)

NEW YORK NEW YORK 10154

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Blackstone Inc. [ BX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/01/2026		A(1)		2,048	A	$0	31,529	D
Common Stock								65,071	I	See footnote(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Granted under the Amended and Restated 2007 Equity Incentive Plan, these deferred restricted shares will vest, and the underlying shares will be delivered, on April 1, 2027, subject to the Reporting Person's continued service on the board of directors of Blackstone Inc.

2. These shares are held by limited liability companies, over which the Reporting Person has investment and voting power.

Remarks:

The Reporting Person disclaims beneficial ownership of the securities reported on this form except to the extent of his pecuniary interest therein.

	Victoria Portnoy as Attorney-In-Fact	04/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Blackstone (BX) director William G. Parrett report?

William G. Parrett reported receiving 2,048 deferred restricted shares of Blackstone common stock as a compensation grant. The award was issued at $0.00 per share under the company’s Amended and Restated 2007 Equity Incentive Plan.

When do William G. Parrett’s new Blackstone (BX) deferred restricted shares vest?

The 2,048 deferred restricted shares granted to William G. Parrett will vest, and the underlying shares will be delivered, on April 1, 2027. Vesting is conditioned on his continued service on Blackstone’s board of directors through that date.

How many Blackstone (BX) shares does William G. Parrett hold directly after this Form 4?

Following the grant, William G. Parrett directly holds 31,529 shares of Blackstone common stock. This reflects his post-transaction direct ownership as reported, separate from any additional shares he may hold indirectly through other entities.

What is the nature of William G. Parrett’s indirect ownership in Blackstone (BX) shares?

Parrett has indirect ownership of 65,071 Blackstone shares held by limited liability companies. According to the disclosure, he has both investment and voting power over these LLC-held shares, giving him effective control over how they are voted and managed.

Was William G. Parrett’s Blackstone (BX) share grant an open-market purchase?

No, the 2,048 shares were granted as a deferred restricted share award at $0.00 per share. The transaction is classified as a grant or award acquisition under the equity incentive plan, rather than an open-market buy or sell of Blackstone stock.

Under which plan was William G. Parrett’s Blackstone (BX) share award granted?

The deferred restricted share award to William G. Parrett was granted under Blackstone’s Amended and Restated 2007 Equity Incentive Plan. This plan provides equity-based compensation, aligning director interests with long-term shareholder value through stock-based awards.